Piedmont Lithium Stock Forecast

Stock Price Forecast

The 6 analysts that cover Piedmont Lithium stock have a consensus rating of "Hold" and an average price target of $11.92, which forecasts a 104.11% increase in the stock price over the next year. The lowest target is $7.8 and the highest is $20.

Price Target: $11.92 (+104.11%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$7.80	$11.92	$13.5	$20
Change	+33.56%	+104.11%	+131.16%	+242.47%

* Price targets were last updated on Feb 21, 2025.

Analyst Ratings

The average analyst rating for Piedmont Lithium stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '25	Feb '25	Mar '25	Apr '25	May '25	Jun '25
Strong Buy	3	2	2	2	2	1
Buy	0	0	0	0	0	0
Hold	4	4	4	4	4	3
Sell	2	2	2	2	2	2
Strong Sell	0	0	0	0	0	0
Total	9	8	8	8	8	6

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Joe Reagor Roth MKM	Roth MKM	Hold Maintains $13 → $8.25	Hold	Maintains	$13 → $8.25	+41.27%	Feb 21, 2025
Greg Jones BMO Capital	BMO Capital	Hold Maintains $9.5 → $14	Hold	Maintains	$9.5 → $14	+139.73%	Nov 29, 2024
Austin Yun Macquarie	Macquarie	Sell → Hold Upgrades $14	Sell → Hold	Upgrades	$14	+131.16%	Nov 21, 2024
Joe Reagor Roth MKM	Roth MKM	Strong Buy Reiterates $40 → $31	Strong Buy	Reiterates	$40 → $31	+430.82%	Oct 30, 2024
Greg Jones BMO Capital	BMO Capital	Hold Maintains $8.5 → $9	Hold	Maintains	$8.5 → $9	+54.11%	Oct 29, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

100.27M

from 99.88M

0.39%

from 99.88M

Revenue Next Year

131.52M

from 100.27M

31.17%

from 100.27M

EPS This Year

-2.37

from -0.03

EPS Next Year

-1.40

from -2.37

Fiscal Year	FY 2021	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Jun 30, 2021	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	-	-	-	39.82M	99.88M	100.27M	131.52M	273.50M
Revenue Growth	-	-	-	-	150.84%	0.39%	31.17%	107.95%
EPS	-0.01	-0.02	-0.01	-0.01	-0.03	-2.37	-1.40	3.32
EPS Growth	-	-	-	-	-	-	-	-
Forward PE	-	-	-	-	-	-	-	1.76
No. Analysts	-	-	-	-	-	5	4	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	110.8M	148.4M	284.3M
Avg	100.3M	131.5M	273.5M
Low	87.3M	108.3M	265.4M

Revenue Growth

Revenue Growth	2025	2026	2027
High	10.9%	48.0%	116.2%
Avg	0.4%	31.2%	108.0%
Low	-12.5%	8.0%	101.8%

EPS Forecast

EPS	2025	2026	2027
High	-1.83	0.44	3.45
Avg	-2.37	-1.40	3.32
Low	-2.90	-3.12	3.22

EPS Growth

EPS Growth	2025	2026	2027
High	-	-	-
Avg	-	-	-
Low	-	-	-

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.